NAB issues A$1.25 billion domestic three-year [UPDATED]
- Tuesday, 18 January 2011
National Australia Bank (NAB) (AA/Aa1/AA) issued a new A$1.25 billion (US$1.25 billion) fixed and floating rate new line on January 19, in what is the second Australian dollar benchmark issued by a local big four bank in 2011. The deal is NAB's first benchmark in its domestic market since November 2010, when it sold A$1.3 billion in a fixed and floating rate September 2014 maturity tap.
